Market News
Polgár logistics basis ends first unit
Date: 2007-09-07 00:00:00
As part of the first phase of a 38,000 sqm logistics center development project in the Polgár industrial park, the developers have put into operation the first warehouse of 6,000...
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Hungarian customer buy the own-brand products
Date: 2007-09-07 00:00:00
According the research firm Nielsen 20% of food shopping contribute the Hungarian for own-brand products, at cosmetics and chemicals it's not so high but there is an increasing in it....
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Scotland gets tough on alcohol retailers
Date: 2007-09-06 00:00:00
The Scottish government has unveiled plans to restrict retailers in the country in how they can merchandise alcohol in their stores. Scottish retailers will be banned from offering a range...
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Beer Institute spends US$310,000 on lobbying in the USA
Date: 2007-09-06 00:00:00
The Beer Institute has lobbied the US government to the tune of US$310,000 in H1, according to a disclosure form. In a form filed with the Senate's office of public...
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Mattel in third made-in-China toy recall
Date: 2007-09-06 00:00:00
Mattel's new recall affects 850,000 toys around the world. These are all accessories for Barbie playsets, and contain "impermissible levels of lead" in their paint, according to the company. No...
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16. Budapest International Wine Festival 2007 in the Buda Castle
Date: 2007-09-06 00:00:00
At the Wine Exhibation and Fair between 5-9 of September this year the guest can taste the 3300 wine of 220 vintners from 15 countries.Yesterday evening there was a big...
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We eat one ton dioxin tainted guar gum
Date: 2007-09-06 00:00:00
One firm from Szeged, processing in bakery industry bought and used dioxin tainted guar gum between March – Mai. There is no news about illness. The company use guar gum...
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Hungary industrial output growth 9.4% yr/yr in July
Date: 2007-09-06 00:00:00
According to preliminary unadjusted figures and went up 9.4%, according to figures adjusted for working days, the Central Statistics Office (KSH) has reported. In June, the KSH detected a growth...
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Bird flu in south Russia
Date: 2007-09-05 00:00:00
About 500 chickens in the south Russia's Krasnodar Territory have died of bird flu H5N1, a local official said. The outbreak was detected at a poultry farm in the town...
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The eurozone economy slowed in the second quarter
Date: 2007-09-05 00:00:00
Economic growth in the 13-nations that share the same currency, narrowed to 0.3 percent in the second quarter after a quarterly increase of 0.7 percent in the first three months....
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Eurozone economic confidence softens in Aug
Date: 2007-09-04 00:00:00
Economic confidence in the 13 countries pulled back in August to 110.0 in the single currency bloc from 111.0 in July, roughly in line with economists' exepectations. The outlook was...
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China Brand Trade Center in Budapest
Date: 2007-09-04 00:00:00
After Dubai, the CBTC will be the second center where more than 1000 of the best chineese companies can intrudece their products. AsiaCenter Kft and Fashion Mart Rt signed an...
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Monopoly in the glass sector
Date: 2007-09-04 00:00:00
The European Commission said it was looking into allegations made by European Federation of Wine and Spirits Importers and Distributors, or EFWSID, that lack of competition in the glass bottle...
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In a month we will know who can buy Kempinkski's 9,92% share from Budapest Municipality
Date: 2007-09-04 00:00:00
Until Friday's termin 3 offers arrived for the Kempinski Hotel Budapest's share, which has a nominal value in HUF 258 Million. The company ownes the Kempinski Hotel Corvinus Budapest, near...
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Only 1.4% growth at the Hungary 2007 GDP in the 2Q
Date: 2007-09-04 00:00:00
Hungary's economy will grow at a smaller rate in 2007 than previously thought, while the rise of gross wages and inflation will be faster than expected-GKI said in a forecast...
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SMEs Confidence index 93%
Date: 2007-09-04 00:00:00
According to ECOSTAT the SMEs business confidence index is the same as one month before, but 10 % higher than one years ago. 30% of SME managers believe that the...
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Trade gap decrease
Date: 2007-09-03 00:00:00
According to Central Statistics Office the Hungary's H1 gap is by far the best in the past eight years. Hungary's trade gap widened by EUR 39 m in June to...
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More than HUF 1 billion investment in Hungary
Date: 2007-09-03 00:00:00
Investments in the Hungarian economy dropped by 0.4% year on year in the second quarter of the year, against a rise of 0.8% in Q1, according to preliminary figures released...
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American products were recall in China
Date: 2007-09-03 00:00:00
Accordingt to china's quarantine administration said its bureau has discovered harmful living organism in 10 batches of wooden packages from the United States among the total 70 batches sampled between...
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No real estate tax in Hungary in 2008
Date: 2007-09-03 00:00:00
The Hungarian government will not introduce a real estate tax in January 2008, but talks between the governing coalition parties continue about the lowering the threshold for luxury tax. ...
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Toys 'R' Us Recalls Chinese Art Sets
Date: 2007-09-03 00:00:00
Wayne-based Toys “R” Us Inc. and the U.S. Consumer Product Safety Commission said printed ink on the packaging of the Imaginarium Wooden Coloring Cases also contained lead. The 213-item set...
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Statistically safer to eat at big-chain fast-food joints
Date: 2007-09-03 00:00:00
There are about 76 million cases of food-borne illness — ranging from an upset tummy to kidney failure and death — each year in the United States, according to estimates...
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Hungary's Industrial Producer Prices Stagnated in the Summer
Date: 2007-08-31 00:00:00
According to KSH the domestic sales prices slightly rose by 0.1% in July 2007 compared to the previous month, and by 6.2% compared to July 2006. The export sales...
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The biggest are the most optimist
Date: 2007-08-31 00:00:00
Ecostat TOP-100 index of business-activity rose to 103.4% in August, which meant a 3% rise compared to July's results. The index of business activity measured 80.4 % last August. Calculations...
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EU asks food shops to act 'responsibly' on prices
Date: 2007-08-31 00:00:00
Europe's farm chief called on retailers not to make European Union's (EU) consumers pay excessively for staple foods such as bread and milk despite recent surges in international grain and...
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Rotten Meat scandal in Germany
Date: 2007-08-30 00:00:00
The rotten meat would be sold for Turkish doner kebab restaurants. Authorities had confiscated more than 11 tons of beef and turkey meat at a company based in the southern...
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In contempt of restrictions sales grew in hypermarkets
Date: 2007-08-30 00:00:00
According to annalist this is the year of discounters in the Hungarian retail. Nielsen datas show that the share of stores over 400 m2 grew with 2%, the 2500 m2...
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Cold, but big business – eiscream
Date: 2007-08-30 00:00:00
Researcher Euromonitor figures that global ice cream sales are rising 2.5% annually and will hit $65 billion in 2010. Today, the $59 billion ice cream industry is dominated by two...
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Pre-packaged meat dominant
Date: 2007-08-29 08:00:00
Retail sales of meat products are growing. Nielsen market research has registered a growth of 8 per cent in terms of value, in compared to a year ago. For the...
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